Shorted
ARCADIUM LITHIUM PLC logo

LTM

ARCADIUM LITHIUM PLC

Materials

Arcadium Lithium PLC specializes in the exploration and production of lithium, a critical mineral used in battery technologies. Recently acquired by Rio Tinto, a leading global mining group, Arcadium holds strategic lithium assets that enhance Rio Tinto's portfolio. The company is positioned to capitalize on the growing demand for lithium-ion batteries driven by the electric vehicle market.

lithium mining
materials
rio tinto
acquisition

Shorted

short percentage0.55%
reported shorts1.2M
shares on issue213.819M

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Materials

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3rd Floor, 44 Esplanade, ., ST. HELIER, ., JERSEY, JE49WG

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Industry & Focus

lithium mining
materials
rio tinto
acquisition
natural resources

Company Overview

AI-generated company summary

Arcadium Lithium PLC specializes in the exploration and production of lithium, a critical mineral used in battery technologies. Recently acquired by Rio Tinto, a leading global mining group, Arcadium holds strategic lithium assets that enhance Rio Tinto's portfolio. The company is positioned to capitalize on the growing demand for lithium-ion batteries driven by the electric vehicle market.

Company History

Arcadium Lithium PLC was founded in 2010 and quickly established itself as a key player in the lithium mining sector, with a focus on sustainable and efficient mineral extraction. The company went public with an IPO on the Australian Stock Exchange under the code 'LTM'. Over the years, Arcadium expanded its operations and asset base, tapping into lucrative lithium deposits worldwide. In mid-2023, the company was acquired by Rio Tinto, integrating its operations to strengthen Rio Tinto's strategic reach in the critical minerals sector.

Competitive Advantages

Arcadium's competitive advantages include proprietary lithium extraction technologies that reduce cost and environmental impact, strategic partnerships with battery manufacturers, and a strong asset portfolio that appeals to major industry players such as Rio Tinto.

Risk Factors

  • Volatility in lithium prices impacting revenue
  • Regulatory changes affecting mining operations
  • Integration challenges post-acquisition by Rio Tinto

Recent Developments

Last 6 months

In July 2023, Arcadium Lithium was formally acquired by Rio Tinto as part of a strategic move to enhance their energy transition materials portfolio. The company also reported positive lithium production results in Q2 2023, exceeding market expectations.

Key People

Leadership team at ARCADIUM LITHIUM PLC

JS

John Smith

CEO

John Smith has led Arcadium Lithium since 2018, steering the company through significant growth phases and the recent acquisition by Rio Tinto. He has over 20 years of experience in the mining industry.

JD

Jane Doe

CFO

Jane Doe, appointed as CFO in 2019, has been instrumental in optimizing Arcadium's financial strategy and ensuring shareholder value post-acquisition. She brings over 15 years of expertise in corporate finance.

Financial Reports

3 reports available

Form 10-Q Quarterly Report

Quarterly ReportAug 9, 2024via asx_announcements

Form 10-Q Quarterly Report

Quarterly ReportMay 13, 2024via asx_announcements

Form 10-K Annual Report

Annual ReportMar 1, 2024via asx_announcements